G'day all, I am new to this forum that I only found the other night after a bit of searching.
I too have been contacted by PGI and am trying to find out as much as I can about them.
After what I have read so far I am very unsure of which way to go, though one thought I did have was that it seems as though their alerts they are supplying are at least well over 50% correct. If that is the case, (someone please correct me if I'm wrong), but could you still make money if you bet just once with no double ups at all?
Sorry if this has been said and covered, but thanks to all for your info.
Regards.
Welcome Savage,
I think your plan would be OK only if you had over 50% wins in the first hour, doubling up is supposed to recoupe the previous loss. IE; if you keep doubling after each lose till you win, then you will win what you wanted to on the first hour ( less BOM charges, unless you add these as you double).
Thanks to the person who wrote the following, others will find it interesting.
Latest Results to 11Dec09
Alerts Won % Lost % Profit/Loss
Total 240 190 79.17% 50 20.83% -$40,671
May09 55 42 76.36% 13 23.64% -$11,130
Jun09 30 23 76.67% 7 23.33% -$5,920
Jul09 28 20 71.43% 8 28.57% -$7,960
Aug09 22 19 86.36% 3 13.64% -$800
Sep09 19 13 68.42% 6 31.58% -$7,736
Oct09 52 44 84.62% 8 15.38% -$5,343
Nov09 24 21 87.50% 3 12.50% $81
Dec09 16 14 87.50% 2 12.50% -$681
Notes
figures are based on 1st bet to win 400, 2nd to win 900 and 3rd to win 2000 as per PGI strategy
May changed from 6 hour strategy to 3 hour strategy
Strike Rate
overall Strike Rate and in brackets this and last months Strike Rate combined
1st bet win - 43.4% (37.5%)
2nd bet win - 27.0% (37.5%)
3rd bet win - 9.0% (12.5%)
Losing bets - 20.5% (12.5%)
Regards,
Allan.